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PURP

This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.

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November 14, 2010 at 9:19 pm #45976
anjali
Member
- Topics: 5
- Replies: 4
Hi everyone…
I’m having problems with Q46 in the Kaplan exams kit… Can someone please help me with the PURP calculations… i didnt understand why it multiplied by 30%????
Thanks
November 17, 2010 at 4:15 pm #70570
MikeLittle
Keymaster
- Topics: 27
- Replies: 23200
Hi – I don’t have a Kaplan kit but it looks like the pup has been calculated by multiplying the intra-group inventory by 30% because it was transferred by the selling company who always achieves a 30% gross profit ( or gross margin, or margin )
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